Word: milken
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From Michael Milken to Mary Meeker, me-first Wall Street has been billboarded for two decades. Even before that it was an open secret. The mystery is that so many are shocked--shocked!--to learn that bankers take kickbacks for allocating shares of a hot IPO, or that analysts tout stocks not for their potential but because cheery opinions help reel in underwriting fees and a monster year-end bonus...
...White's office has even talked with some who were not so lucky in Clinton's final days, including Michael Milken, the junk-bond pioneer of the high-flying '80s. Milken's patron on the pardon front was Ron Burkle, a generous Democratic donor, but as soon as it became known that Milken, who served nearly two years in prison and paid more than $1 billion in connection with his conviction on six counts of securities fraud, was on the list of potential clemency recipients, loud protests from securities regulators and others apparently doomed the effort. White is presumably trying...
...study is practicing healthy yoga; what is the control group to practice--bad yoga? Finally, the traditional funders of studies, the pharmaceutical giants, see no financial payoff in validating yoga: no patentable therapies, no pills. (Ornish's prostate-cancer study was funded by private organizations, including the Michael Milken Foundation...
...study is practicing healthy yoga; what is the control group to practice - bad yoga? Finally, the traditional funders of studies, the pharmaceutical giants, see no financial payoff in validating yoga: no patentable therapies, no pills. (Ornish's prostate-cancer study was funded by private organizations, including the Michael Milken Foundation...
...beginnings of the new mind-set probably go back as far as the stock- market crash of 1987, which had little immediate effect on the overall economy but gave many people an uneasy feeling about the Roaring Eighties. The spectacular failures of such '80s heroes as Michael Milken and Donald Trump have discredited the era's role models as well. ''The 1980s showed how ugly this country could be, like racism did,'' says April Gilbert, a Stanford M.B.A. and shipping executive who hopes to join a nonprofit company soon. ''In the 1980s I was fed up and almost angry with...